TIME

The sickness of our system

AMERICANS SPEND VAST SUMS ON HEALTH CARE. CERTAINLY, health care is expensive all over the world, and it makes good sense for rich countries to spend large amounts to extend their citizens’ lives and to reduce pain and suffering. But America does this about as badly as it is possible to imagine.

Health care can sometimes harm people, through medical mistakes, or the overprescription of opioids. But there is also harm to people’s lives from its extraordinary and unnecessary costs. The percentage of national income that is absorbed by health care has grown over the past half-century, from 5% in 1960 to 18% in 2017, reducing what is available for anything else from 95% in 1960 to 82% today. The costs of health

You’re reading a preview, subscribe to read more.

More from TIME

TIME3 min read
How Nature Reacts To A Total Eclipse
Of all of the animals worth observing during a total solar eclipse, perhaps none are more intriguing than humans. They stop what they’re doing; they stare skyward; they lower their voices to a hush. Some may even shed tears. Other species of animals
TIME3 min read
Stepping Up
Where do you find influence in 2024? You can start with the offices of the Anti-Corruption Foundation in Vilnius, Lithuania, where TIME met with Yulia Navalnaya earlier this spring. There, the activist is working with 60 supporters—whose anti-Kremlin
TIME2 min readAmerican Government
Bolsonaro And Trump, Apart Yet Together
A president facing a tough fight for re-election warns his followers that corrupt elites want to steal power from them. He loses the election and calls on his supporters to defend him. Unable to block the transfer of power, he retreats to Florida. Hi

Related Books & Audiobooks